Saturday, March 27, 2021

Bitcoin nears record before largest U.S. crypto exchange listing

On March 13, Bitcoin reached a record of US$61,742. The cryptocurrency is up almost ninefold in the past year. Digital-token exchange Coinbase Global Inc. is due to go public on the Nasdaq on April 14, the first listing of its kind. Goldman Sachs is close to offering investment vehicles for Bitcoin and other digital assets to private wealth clients. Morgan Stanley plans to give rich clients access to three funds that will enable crypto ownership.
The overall value of more than 6,600 coins tracked by CoinGecko recently surpassed US$2 trillion.